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JoE
Nov 9, 2020 4:53 PM

ZTE falling wedge Long

ZTE CORPSZSE

Description

ZTE Corp the sleeping giant in telecom industry finally waking up.

Falling wedge pattern shown on chart project a target of around 60, 50% return opportunity.

The bullishness is also double confirmed by MACD golden cross on daily.

Buying on breakout provides a risk reward ratio of 1:8

#NOT FINANCIAL ADVICE#
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